Discuss the below:
Q: A large Portland manufacturer wants to forecast demand for a piece of pollution-control equipment. A review of past sales (A_t), as shown below, indicates that an increasing trend is present. Smoothing constants are assigned the values of alpha = 0.20 and beta = 0.4. The firm assumes the initial forecast for month 1 (F_1) was 11.00 units and the trend over that period T_1 was 2.00 units. Using trend-adjusted exponential smoothing. Forecasts (F_t). Trend (f_t). and Forecasts Including Trend (F/T_t) for months 1 through 6 have already been developed and are provided below. Continue with the process and determine F_t, T_t, and FIT_t for months 7 through 9 (round your responses to two decimal places):
